It would be a catastrophe if Congress failed to raise the debt ceiling.

It is necessary to pay our bills.

America would default for the first time in history. The full faith and credit of the United States would be impaired and our country would likely face a financial crisis and economic recession as a result.

It is imperative that Congress address the debt limit.

Treasury Secretary Janet Yellen today told lawmakers that government will essentially run out of money on October 18 if the federal debt limit isn`t raised.

I believe there are a number of ways in which Congress could implement [Pillar One], but certainly ratification of a treaty would be one way in which Congress could authorize.

We are trying to add to the IRS's resources so that they will be able to handle these things in a more expedited fashion.

I do support eliminating stepped-up basis. The reason is that a very large share of the income of wealthy individuals is simply never taxed.

I cannot think of anything more harmful to the role of the dollar than failing to raise the debt ceiling.

failing to increase the debt limit would have catastrophic economic consequences.

I think there are threats to financial stability that have come from the growth of activity in the shadow banking sector.